Semester Test + Exam Flashcards
Define Information Systems
A set of interrelated components that collect (input), manipulate and store (process) and disseminate (output) info and provide a feedback mechanism to help orgs reach objectives
Provide characteristics of valuable info
-Reliable
-Flexible
-Accurate
-Complete
-Accessible
Define Computer-based Info Systems
-A single set of hardware, software, databases, telecommunications, ppl and procedures that are configured to collect, manipulate, store and process data into info
Internet has 2 parts
-Intra (within)
-Extra (outside)
Define Enterprise Resource Planning (ERP)
-A set of integrated programs capable of managing a Co’s vital business operations for an entire multisite, global org
Types of E-commerce
-B2B
-B2C
-C2C
Define Ai
-Ability of computer systems to mimic/duplicate the functions/characteristics of the human brain
Illustrate the systems development cycle
- Systems investigation
- Systems analysis
- Systems design
- Systems implementation
- Systems maintenance and review
Define an org
-A collection of ppl and other resources established to accomplish goals
What are the global challenges of Info Systems
-Cultural challenges
-Language challenges
-Time and distance challenges
-Infrastructure challenges
-Trade agreements
List the type of org structures
-Traditional
-Project and Team
-Virtual
Define Business Process Reengineering (BPR)
Radical redesign of business processes, org structures, ISs and values of orgs to achieve a breakthrough in business results
Define Continuous Improvement (CI)
Constantly seeking ways to improve business processes and add value to the products and services
Differentiate btwn BPR and CI
-BPR
>Often led by outsiders
>Top-down change driven by senior execs
-CI
>Usually let by workers close to the org
>Bottom-up change driven by workers
How to achieve success w/ IS
-Align IS w/ company goals
-Commitment by SM
-Strong project management
Define competitive adv
Ability of a firm to outperform in its industry
What are the 5 forces in Porter’s 5 Force Model
-Pwr of Substitutes
-Pwr of Suppliers
-Pwr of Buyers
-Threat of new entrants
-Rivalry among existing comp
Define and Org structure
The formal pattern that indicate how people and jobs are grouped together
Define Management ISs (MIS)
-An organized collection of ppl, procedures, software, databases and devices that provide routine info to managers and decision makers
-They focus on operational efficiency
What re the 4 tools of competitive adv
-SWOT analysis
-Porters 5 Forces Model
-Porters 3 Generic Strategies
-Value Chain Analysis
Define Supply Chain Management
-The management of info flows btwn and among acts in a supply chain to maximize total supply chain effectiveness and profitability
What r the 5 supply chain acts
-Plan
-Source
-Make
-Deliver
-Return
Define CPU
Part of the computer that consists of 3 associated elements;
>the Arithmetic/Logical Unit (ALU)
>the Control unit
>the register areas
What is the Arithmetic/Logical Unit
Part of the CPU that performs mathematical calcs and makes logical comparisons